Lady Gaga flaunts $578K eight-carat diamond engagement ring at Joker: Folie à Deux premiere

Lady Gaga flaunted her impressive engagement ring while attending the Venice Film Festival premiere of Joker: Folie à Deux with her fiancé Michael Polansky on Wednesday night.

The 38-year-old singer lovingly gazed at Polansky, 46, as she proudly displayed her sparkling new ring on the star-studded red carpet.

Courtesy: Reuters

The ring, an eight-carat oval-cut diamond set in platinum, reportedly cost Polansky $578,000, according to Brides.

Gaga, who plays Harley Quinn in the upcoming film, wowed in a dramatic black gown and headdress as she joined Joaquin Phoenix and his sister Rain at the event.

Courtesy: Getty Images

She stunned in a plunging velvet corset-style top that flowed into a voluminous skirt, completing the look with an elaborate lace headdress, large diamond earrings, and a bold red lip, while her platinum blonde hair was styled in a sleek bun.

Polansky, a tech entrepreneur, looked sharp in a classic black suit, white shirt, and bow tie.

Courtesy: Getty Images

Folie à Deux will see Joaquin Phoenix, 49, return as Arthur Fleck, also known as the Joker, and he attended the premiere with his stylish sister Rain.

Rain looked stunning in a brown velvet gown and accessorized with chic sunglasses as she posed with her brother.

The film, highly anticipated as the sequel to the 2019 Oscar-winning *Joker*, which grossed over $1 billion worldwide and became the highest-grossing R-rated movie of all time, is set for release on October 4.

In the new installment, Arthur Fleck is institutionalized at Arkham, awaiting trial for his crimes as the Joker.